Judgment
In the matter of Kate Holdings Ltd - Ruling
[2021] CIGC (FSD) 283
· FSD 0283/2021 (ASCJ) · 2021-11-18
Application by corporate trustee holding assets on a bare trust for appointment of a successor trustee and for the blessing of the court for the transfer of the assets to the successor trustee in circumstances of concern about the legality of the source of funding of the assets - considerations for the court and applicable legal principles. Trusts; Equity; Fiduciary Administration; Anti‑Money Laundering
Full metadata
| Neutral Citation | [2021] CIGC (FSD) 283 |
|---|---|
| Cause Number | FSD 0283/2021 (ASCJ) |
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | In the matter of Kate Holdings Ltd - Ruling |
| Judgment Date | 2021-11-18 |
| Subject | Application by corporate trustee holding assets on a bare trust for appointment of a successor trustee and for the blessing of the court for the transfer of the assets to the successor trustee in circumstances of concern about the legality of the source of funding of the assets - considerations for the court and applicable legal principles. Trusts; Equity; Fiduciary Administration; Anti‑Money Laundering |
| Filename (current) | 21-11-18-Kate-Holdings-Inc.-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Trusts Act | 10, 48 | 4 |
| Grand Court Rules - Vol I - Orders (subordinate) | 85 | 2 |
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